Do you loose No-claims bonus after an accident that wast your fault?
This year I had a car accient that wasn't my fault, but now my renewal has come through and I have zero no-claims bonus. Is The other party is paying compensation etc so does it still count as a claim? If so am I entitled to claim the difference (as my insurance has jumped from around £500 to over £1000!) I'd apreciate hearing from anyone who has any knowledge or suggestions! Thanks.
The way it works is you report to your insurers, who will then claim off the other party's insurers. If the other party's insurers accept the claim then they will be paying out, not yours, so you won't lose your NCB. There is no claim on your cover.
I'd contact your insurers to establish what is going on - it may be that the NCB is suspended temporarily while the bickering between insurance companies is going on, but they should tell you what's happening. Something similar happened to me once, it turned out that some clerk in their office had put a tick in the wrong box . . .
January 16th, 2008 at 2:16 pm
Most of the time no but depends on what tipe of insurance
no if you were fully comp
no if you joined jusing an offer that told you you wouldnt lose your no claims bonus
other wise - you would loose it even if its not your fault
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January 16th, 2008 at 2:16 pm
IM insured with halifax and i have claimed when it wasnt my fault, the other party admited liability and so i claimed on THEIR insurance therefore it has had no affect whatsoever on my no claims but does show as a claim i made on my policy….hope this helps
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January 16th, 2008 at 2:16 pm
While you have a claim outstanding you will lose your no claims - once the claim is completed you'll get it back and be entitled to any over-payment made.
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January 16th, 2008 at 2:16 pm
you should call them because i though if the accident was not your fault then you get to keep your no clams. x
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January 16th, 2008 at 2:16 pm
if you didnt have your no claims protected then you lose your NCB
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January 16th, 2008 at 2:16 pm
If you havent claimed on your insurance then no it cant, you MUST have claimed on your insurance for something otherwise your insurance company probably wouldnt even know.
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January 16th, 2008 at 2:17 pm
There is no way that you can be subject to an increase in your insurance; and nor would you loose your no claims as long as you had these protected; if you did not have these protected; then yes you may loose them. But if the accident is not your fault and the other party is at fault; then you seriously need to talk to your insurance company/solicitor/loss adjuster.
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January 16th, 2008 at 2:20 pm
someone went into the back of me and that pushed me into the car in front, i was stationary at the time,my car was a write off, and the other driver admitted liability,the first driver claimed off me and then my insurance claimed off the driver who hit me, i didn't lose any of my no claims, but i always have them protected and don't know if that makes a difference, but if someone else is liable for the accident i don't think you should lose your no claims.
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personal experience
January 16th, 2008 at 2:21 pm
if you can get the other driver to pay up or if you have no claims bonus protection, you should be OK
Otherwise you'll lose it
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January 16th, 2008 at 2:22 pm
Yes unless you have a protected no claims. This usually gives you a set number of claims before you lose your bonus. If your not sure what you've got phone your company and ask.
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January 16th, 2008 at 2:29 pm
Although you claim the accident wasn't your fault, it ultimately depends on how the insurance companies settle things between themselves.
If the other person and their insurer accept full liability then your NCB should be unaffected. What can happen though is the two insurers can split the liability so that say the other persons insurers accept 75% liability and your insurers 25% liability. That can affect your claim history.
The only answer here is to contact your insurer and ask for an explanation as to what has wiped out your NCB for really they are the only ones who can give a the real and accurate answer for your circumstances.
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January 16th, 2008 at 2:49 pm
it all depends. i live in the US in Iowa and we are a no fault state. so you get charged on your insurance even though it wasn't your fault. i got hit by two drivers in a 3 year time frame and my ins. went threw the roof. its best to check with your local state to see for sure if they are a no fualt state or not.
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January 17th, 2008 at 12:10 am
The way it works is you report to your insurers, who will then claim off the other party's insurers. If the other party's insurers accept the claim then they will be paying out, not yours, so you won't lose your NCB. There is no claim on your cover.
I'd contact your insurers to establish what is going on - it may be that the NCB is suspended temporarily while the bickering between insurance companies is going on, but they should tell you what's happening. Something similar happened to me once, it turned out that some clerk in their office had put a tick in the wrong box . . .
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January 17th, 2008 at 5:30 am
It depends if ur ncb was protected or not. its down to your policy
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